Compensation
Financial redress awarded to individuals whose rights under the Act have been violated.
Definitions (9)
Compensation refers to the monetary payment awarded to an employee who has suffered a violation of their rights under the Act, such as experiencing discrimination or unlawful dismissal. The amount is determined based on the specific circumstances of the case, including seniority and the severity of the violation, aiming to provide appropriate redress.
In the context of the Pay Equity Act, 'compensation' is broadly defined to include all forms of remuneration, both direct and indirect, received by an employee for work performed. This encompasses not only base salaries, wages, commissions, vacation pay, severance pay, and bonuses, but also non-monetary benefits such as employer contributions to pension funds, long-term disability plans, health insurance plans, and any other advantage or benefit received from the employer. This comprehensive definition ensures that all elements contributing to an employee's total earnings are considered when assessing pay equity.
Compensation, in the context of federal pay transparency, is broadly defined to include all forms of remuneration payable for work performed by an employee. This encompasses direct monetary payments such as salaries, wages, commissions, vacation pay, severance pay, and bonuses. It also extends to indirect benefits and advantages received from the employer, such as payments in kind, employer contributions to pension funds or plans, long-term disability plans, and all forms of health insurance plans. A comprehensive view of compensation is essential for accurate pay equity comparisons.
The term 'Compensation' is broadly defined within the Wage Transparency Omnibus Amendment Act of 2023 to encompass all forms of monetary and nonmonetary benefits that an employer provides or promises to provide to an employee in exchange for their services. This comprehensive definition extends beyond mere wages to include a wide array of benefits such as salaries, hourly pay, bonuses, commissions, healthcare benefits, retirement plans, stock options, equity, and other non-monetary remuneration. This expansive scope ensures that discussions and disclosures related to pay transparency cover the full spectrum of an employee's total rewards package, aiming to provide a holistic view of remuneration and prevent circumvention of the law's intent by categorizing elements of pay as non-wage benefits.
Under the Oregon Equal Pay Act, 'Compensation' is broadly defined to include not only an employee's base wages or salary but also encompasses bonuses, various benefits, fringe benefits, and equity-based compensation. This comprehensive definition ensures that all forms of monetary and non-monetary remuneration provided by an employer are considered when evaluating pay equity, preventing employers from circumventing the law by shifting discriminatory practices to non-wage forms of payment.
For the purposes of the Diane B. Allen Equal Pay Act, 'compensation' is broadly defined to encompass all forms of remuneration provided to an employee. This includes, but is not limited to, base salary, hourly wages, bonuses, commissions, and stock options. Beyond direct monetary payments, compensation also extends to a wide array of cash and non-cash benefits. These benefits include, for instance, health insurance, life insurance, retirement funding (such as pension plan contributions), paid time off (like vacation time, sick leave, and holidays), and other fringe benefits. This expansive definition ensures that employers cannot circumvent the law by offering equal base pay but unequal benefits, thereby maintaining a discriminatory overall compensation package.
In the context of the Minnesota Pay Transparency Act, 'compensation' broadly encompasses not only the base salary or hourly wage but also a general description of all benefits and other forms of remuneration offered for a position. This includes, but is not limited to, health insurance, retirement plans (such as 401(k) programs or pension contributions), paid leave (vacation, sick time, parental leave), bonuses, stock options, and other wellness incentives or perks. The requirement to disclose these elements aims to provide a holistic view of the total value of a job offer.
For the purposes of Act 102, 'compensation' or 'range of compensation' refers to the good faith expectation of the minimum and maximum annual salary or hourly wage that the employer expects to pay for the advertised job at the time the advertisement is created. This includes the ordinary, basic, or minimum wage or salary and any additional emoluments whatsoever payable directly or indirectly, whether in cash or in kind, by the employer to the worker and arising out of the worker's employment.
As clarified by DOLE Department Order No. 251-25, 'Compensation' is a comprehensive term encompassing the ordinary, basic, or minimum wage or salary, along with any additional emoluments whatsoever, whether paid directly or indirectly, in cash or in kind, by the employer to the worker, arising from their employment. This broad definition ensures that all aspects of an employee's total rewards package are subject to pay equity principles.